Bitcoin fails to sustain $85,000 breakout, and bond yield spikes are blamed
BTC slipped back below $84,000 after briefly topping $85,000 following August PCE data, while oil recovered and gold eased. The post Bitcoin fails to sustain $85,000 breakout, and bond yield spikes are blamed appeared first on CryptoSlate.
Key Takeaways
- BTC slipped back below $84,000 after briefly topping $85,000 following August PCE data, while oil recovered and gold eased.
- The post Bitcoin fails to sustain $85,000 breakout, and bond yield spikes are blamed appeared first on CryptoSlate.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in DeFi
CFTC Sends White House New Rules to Cement Its Grip on Prediction Markets
The two proposals would define event contracts as "swaps" while excluding "casino-style gambling products"—a bid to cement the agency's exclusive jurisdiction as states sue prediction-market operators over gambling claims.
Cboe’s 25-Year S&P 500 Deal Puts Tokenized Options on the Table
Cboe and S&P Dow Jones Indices extended their exclusive S&P 500 options licensing agreement for 25 years, keeping Cboe’s SPX rights in place through 2051. The agreement also leaves room for the companies to explore products beyond traditional index…
UK’s 2027 crypto rules let firms remove trust protection from Bitcoin lent for yield
With FCA applications now open, the expected October 2027 regime will preserve safeguards for in-scope retail borrowing collateral while allowing a lending trust exemption. The post UK’s 2027 crypto rules let firms remove trust protection from Bitcoin lent…